Dossier
AeroVironment Inc.
Coverage of AeroVironment Inc. in the Nexus archive.
- AeroVironment stock soars after revenue more than doubles and earnings beat expectations
AeroVironment's stock surged after the drone maker reported Q4 adjusted EPS of $1.84, exceeding the estimated $1.46, and revenue of $641.6 million, surpassing the projected $556 million.
- AeroVironment soars 19% on earnings beat, backlog grows to $1.2 billion
AeroVironment's stock price increased by 19% after its autonomous system revenue exceeded expectations by $90 million, and its backlog of orders reached $1.2 billion.
- AeroVironment: Fiscal Q4 Earnings Snapshot
AeroVironment Inc. reported fiscal Q4 profit of $63.2 million with adjusted earnings of $1.84 per share, exceeding Wall Street expectations. The company posted revenue of $641.6 million, also above forecasts, but reported a full-year loss of $265.1 million. AeroVironment shares have declined 43% this year and 50% in the last 12 months.